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Aluminum Castings gets green signal for rezoning
03 JUL 20123MINS

Aluminum Castings gets green signal for rezoning

Aluminum Castings will be allowed to increase production in its current location, which until now has been slated for light industrial use only. The Galesburg City Council on Monday approved a rezoning ordinance to allow for heavy industrial work blocks from the downtown district, but not before a...

Ormet warns of smelter closure if elecricty rate plan for AEP Ohio is approved
03 JUL 20122MINS

Ormet warns of smelter closure if elecricty rate plan for AEP Ohio is approved

US aluminum producer Ormet warned Ohio regulators Monday it could be forced to shut all or part of its 260,000 mt/year Hannibal smelter if said regulators approve a pending electric security plan for AEP Ohio, an American Electric Power subsidiary. Ormet said electricity costs at the smelter...

Rio Tinto Reaches an agreement with Canada Aluminum Smelter labour union
03 JUL 20122MINS

Rio Tinto Reaches an agreement with Canada Aluminum Smelter labour union

Rio Tinto PLC (RIO) said Monday that it has reached an agreement in principle with labor union representatives from its Canadian Alma aluminum smelter following a seven-month lockout. Rio Tinto Alcan, the aluminum arm of Rio, locked out 780 unionized workers at its 438,000-ton-a-year...

City Council to decide on Aluminum Castings rezoning on 2nd July Monday
03 JUL 20124MINS

City Council to decide on Aluminum Castings rezoning on 2nd July Monday

After weeks of debate and investigation in to whether an expanded Aluminum Castings would produce hazardous pollutants and noxious odors, the City Council will decide on Monday whether to allow a rezoning so the company can expand at its current location. In a proposed $2 million project that would...

Alcoa to sell hydropower project to Brookfield
03 JUL 20121MINS

Alcoa to sell hydropower project to Brookfield

Aluminum company Alcoa Inc said on Friday it will sell its Tapoco hydroelectric project in Tennessee and North Carolina to Canada's Brookfield Renewable Energy Partners for $600 million. Tapoco, a 351-megawatt project located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and...

Kawneer Partners With Premier Glass Products
03 JUL 20122MINS

Kawneer Partners With Premier Glass Products

Kawneer Company, Inc., an Alcoa business and the leading manufacturer of architectural aluminum products and systems for commercial construction, announces a strategic partnership with Premier Glass Products (PGP), a manufacturing representative agency providing exceptional levels of service to the...

Alexandria Industries acquires Aluminium Extrusion Company in Indianapolis
03 JUL 20122MINS

Alexandria Industries acquires Aluminium Extrusion Company in Indianapolis

MidAmerica Extrusions of Indianapolis, a company specializing in aluminum extrusions, has been acquired by Alexandria Industries, a privately held, high-quality producer of engineered products. Alexandria Extrusion MidAmerica is the new name of MidAmerica Extrusions. MidAmerica Extrusions’...

LME explores aluminum expansion in North America
02 JUL 20124MINS

LME explores aluminum expansion in North America

The London Metal Exchange is considering launching a North American aluminum contract, sources say, a measure that could expand the footprint of its most-active futures market. Discussions are still at an early stage, but the LME has begun to canvas physical traders and consumers about the...

Kaiser Aluminum Ranks the Highest in Terms of Free Cash Flow Per Share
02 JUL 20121MINS

Kaiser Aluminum Ranks the Highest in Terms of Free Cash Flow Per Share

Below are the three companies in the Aluminum industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.Kaiser Aluminum (NASDAQ:KALU) is highest with FCF per share of $1.61. Kaiser Aluminum Corporation...

Aluminum Castings meets all environmental regulations: Galesburg report
02 JUL 20123MINS

Aluminum Castings meets all environmental regulations: Galesburg report

The city has released its findings regarding questions posed to the administration and Aluminum Castings over the business’ plans to expand manufacturing in their current facilities. The report finds that Aluminum Castings is a minimal polluter and that the company meets all environmental...

Alexandria Industries Acquires MidAmerica Extrusions for engineering services
28 JUN 20123MINS

Alexandria Industries Acquires MidAmerica Extrusions for engineering services

Alexandria Industries today announced it has acquired MidAmerica Extrusions of Indianapolis, a manufacturer of aluminum extrusions for a variety of applications and industries. The support staff and production team members of MidAmerica Extrusions will join Alexandria Industries, a high-quality,...

Hudson Ferry Capital Invests in ALCOM
28 JUN 20122MINS

Hudson Ferry Capital Invests in ALCOM

Hudson Ferry Capital announced that it has made an investment in ALCOM, LLC. ALCOM designs and manufactures specialty aluminum trailers that are sold primarily in the United States and Canada. Hudson Ferry Capital is pleased to announce that it has made an investment in ALCOM, LLC. ALCOM, based in...

Nick Madden credits Aditya Birla Group for Novelis' prosperity
26 JUN 20123MINS

Nick Madden credits Aditya Birla Group for Novelis' prosperity

At a crucial time in the rolled aluminum industry, having an Indian parent company has helped catapult Atlanta-based Novelis Inc. past its competitors, Nick Madden, a senior vice president, said June 21 at the USA India Business Summit. While many firms in the space are either owned by venture...

MHM Metals strengthens foothold in U.S. recycling market
26 JUN 20122MINS

MHM Metals strengthens foothold in U.S. recycling market

MHM Metals has inked its fourth U.S. contract for the supply of feedstock to the company’s planned salt cake and black dross recycling facility in Russellville, Kentucky. The supply contract is an important milestone and a precursor to completing financing of the company’s first U.S. aluminium...

Hundreds celebrate 60th anniversary of Alcoa’s Wenatchee smelter
26 JUN 20123MINS

Hundreds celebrate 60th anniversary of Alcoa’s Wenatchee smelter

Hundreds of people took a lengthy stroll through Alcoa’s Wenatchee Works smelter Saturday to see the inner workings of one of North Central Washington’s largest employers. They dipped their hands in alumina — the white liquid-looking raw material used to make aluminum — and was surprised when their...

Companies Turn to JOMAC for Aluminum Trucks and Cranes
25 JUN 20121MINS

Companies Turn to JOMAC for Aluminum Trucks and Cranes

An increasing number of auto manufacturers now prefer to build cars and light trucks out of aluminum rather than steel. According to the Aluminum Association, the metal is a key solution in meeting the final fuel economy standards and green gas emissions rules laid down by the U.S. Department of...

Aluminum shipment picks up in US and Canada in May
25 JUN 20122MINS

Aluminum shipment picks up in US and Canada in May

Growth in May shipments of aluminum accelerated in both the US and Canada, an improvement from the smaller growth levels shown in April. Inventory positions improved slightly in both countries. US Service Center Activity: 136,100 tonnes of aluminum products were shipped by US Service Centers in...

Global Aluminium output drops in Jan-May
22 JUN 20121MINS

Global Aluminium output drops in Jan-May

Global aluminium production dipped by 1.2% to 10532 million metric tonnes during the period of Jan-May 2012 compared to the 10404 million metric tons recorded in the same period a year ago, according to latest data released by International Aluminum Institute (IAI). IAI data also mentioned that,...